Enact director acquires 50 deferred stock units
Enact Holdings director Elizabeth H. Mitchell received additional deferred stock units through dividend reinvestment tied to a September 17, 2026 dividend.
Rhea-AI Filing Summary
Enact Holdings, Inc. (ACT) reported that director Elizabeth H. Mitchell acquired 50 Deferred Stock Units on September 17, 2026. These units were credited at $0.24 per share pursuant to dividend reinvestment under a director award agreement and are payable in common shares one year after her board service ends. Following this award, she directly holds 9,764.047 Deferred Stock Units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 50 shares
Grant/Award
1 txn
Insider
Mitchell H Elizabeth
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units F1, F2 | 50 | $0.00 | $0.00 |
Holdings After Transaction:
Deferred Stock Units — 9,764.047 contracts (Direct)
Footnotes (2)
- F1. Deferred Stock Units become payable in shares of Common Stock one year after termination of service as a director.
- F2. Additional deferred stock units acquired pursuant to reinvestment terms under the director award agreement from a dividend paid on September 17, 2026, at $0.24 per share.
Key Figures
Deferred Stock Units acquired: 50 units
Dividend per share: $0.24 per share
Deferred Stock Units after transaction: 9,764.047 units
+1 more
4 metrics
Deferred Stock Units acquired
50 units
Grant/award acquisition on September 17, 2026
Dividend per share
$0.24 per share
Dividend paid on September 17, 2026 used for reinvestment
Deferred Stock Units after transaction
9,764.047 units
Director’s direct holdings following the September 17, 2026 award
Transaction price per unit
$0.00
Reported grant price for the Deferred Stock Units
Key Terms
Deferred Stock Units, dividend, director award agreement
3 terms
Deferred Stock Units financial
"Deferred Stock Units become payable in shares of Common Stock one year after termination"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
dividend financial
"from a dividend paid on September 17, 2026, at $0.24 per share"
A dividend is a payment that a company gives to its shareholders, usually from its profits. It’s like a bonus or reward for owning the company's stock, and it can provide a steady income stream for investors. Companies pay dividends to share their success with the people who own their stock.
director award agreement financial
"acquired pursuant to reinvestment terms under the director award agreement"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Enact Holdings (ACT) report for Elizabeth H. Mitchell?
Enact Holdings reported that director Elizabeth H. Mitchell was awarded 50 Deferred Stock Units on September 17, 2026, as an acquisition tied to dividend reinvestment under a director award agreement.
What are the terms of the Deferred Stock Units reported for ACT?
The Deferred Stock Units become payable in shares of Common Stock one year after Elizabeth H. Mitchell’s termination of service as a director, meaning settlement occurs in stock after she leaves the board and a year has passed.
How were the 50 Deferred Stock Units for ACT’s director calculated?
The 50 Deferred Stock Units were acquired pursuant to reinvestment terms in a director award agreement from a dividend paid on September 17, 2026, at $0.24 per share, effectively reinvesting that cash dividend into additional deferred units.
What is Elizabeth H. Mitchell’s total Deferred Stock Unit holding after this ACT transaction?
After this award, Elizabeth H. Mitchell directly holds 9,764.047 Deferred Stock Units, each payable in shares of Enact Holdings common stock according to the deferred payment terms tied to her board service.
Was this Enact Holdings (ACT) insider transaction under a Rule 10b5-1 trading plan?
No. The filing indicates the Rule 10b5-1 checkbox is not marked, and the footnotes describe the transaction as additional deferred stock units acquired through dividend reinvestment, not under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.